Cushman & Wakefield India announces commencement of debt financing services

MUMBAI: Property consultancy services firm Cushman & Wakefield India has launched debt financing services as part of its Capital Markets division. With this, the current portfolio of the firm's financial services is expanded to include both private and public sector bank funding as well as investment sales, the company said in a release.

The Cushman & Wakefield Debt Financing services will include debt syndication, private placement of debt capital products, acquisition financing, refinancing, special situations & high yield financing and trade credit advisory.

Cushman & Wakefield will service the real estate requirement across sectors, including Infrastructure, Engineering Procurement & Construction (EPC) Hospitality, Healthcare, and Education amongst others, the release said.

"It is estimated that debt worth over US$ 24 Billion has been loaned out to the real estate and development sector and is further estimated to rise moderately by the end of FY 2012- 13. Commercialization of more public sector had resulted in their increased willingness to provide funding to large infrastructure and real estate projects at reasonable rate of return," said Sanjay Dutt, Executive Managing Director, South Asia, Cushman & Wakefield.